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Fly News Breaks for April 17, 2018
WBC
Apr 17, 2018 | 08:21 EDT
Baird analyst David Leiker elevated Wabco to Fresh Pick and said it remains a top idea. The analyst believes Q1 earnings upside and a better appreciation for secular growth can drive a re-rating for the shares. He views the shares as attractive at current levels in light of its underperformance year-to-date. Leiker reiterated his Outperform rating and raised his price target to $183 from $182 on Wabco shares.
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